Distributed Control Systems Increasing Productivity22 Sep 2011 • by Natalie Aster
The research “Global Distributed Control System Market 2010-2014” by Infiniti Research reveals that the Distributed Control System (DCS) Software market is expected to grow at a CAGR of 3.4 percent. The report, which examines the Americas, EMEA, and APAC regions, indicates that the market is currently being driven by the increased productivity and decreased downtime brought about by this technology.
“Distributed control system software has been helping to reduce downtime and operating losses. This software increases the productivity of the plant by enabling the maximum utilization of resources. The software also facilitates faster and more responsive actions which avoid plant operation failure. It also provides accurate operational information and leads to less operation errors and less human interference, which results in effective and efficient performance results,” reports a TechNavio analyst.
In spite of the demand for DCS software, security concerns are hindering the growth of this market. However, with several mandates and regulations in place more and more companies are opting for this technology. Moreover, the Distributed Control Systems Software market is witnessing the emergence of advanced optimization and control solutions.
Published: July 2011
Price: US$ 1,500.00
These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
The report is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains an in-depth discussion and SWOT analysis of each of the key vendors in this market.
Companies mentioned in this report include: ABB Ltd., Honeywell International Inc., Emerson Electric Co., and Siemens AG.
More information can be found in the report “Global Distributed Control System Market 2010-2014” by Infiniti Research.
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